KGeN vs Grass

Grass (GRASS) is 21.3× the size of KGeN (KGEN) by market capitalisation. Over the past 30 days, GRASS is ahead by 128.8 percentage points (KGEN -56.4% against GRASS +72.4%). Their daily returns move barely together (correlation 0.19 across 43 shared trading days). GRASS has been the more volatile of the two, at 213% annualised against KGEN's 135%.

Correlation: 0.19
Size ratio: 1 : 21.3
Ahead over 30 days: GRASS

KGeNKGEN

$0.069504

24h: -3.27%
Market cap: $19.99M
Volume 24h: $1.34M
Volatility (ann.): 135%

GrassGRASS

$0.589576

24h: +2.31%
Market cap: $425.81M
Volume 24h: $20.27M
Volatility (ann.): 213%

KGEN 4.5%Share of the two combined market caps95.5% GRASS

Performance

KGENGRASS

7 days-30.91%-23.53%GRASS
30 days-56.38%+72.43%GRASS

Correlation

0.19over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2290d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	KGEN	GRASS
Max drawdown (400d)	-61.7%	-25.3%
Risk-adjusted return (90d)	-0.44	0.35

Relative strength over 90 days: GRASS outperformed KGEN by 74.2% — measured on the KGEN/GRASS ratio, so it holds regardless of market direction.

KGeN →Grass →